Can A Physical Therapist Afford Rent in Farmington, NM?

Comfortably affordable — rent takes 17.9% of gross income.

Farmington rent: June 2026. Salary: BLS OEWS May 2024 (New Mexico state estimate).

Farmington median rent
$1,341/mo
Physical Therapist salary (New Mexico)
$89,739/yr
Rent as % of income
17.9%
Gross monthly income works out to about $7,478, and the 30% rule supports up to $2,243/mo in rent. Farmington's median rent of $1,341 leaves roughly $902/mo of headroom under that threshold. A physical therapist works roughly 31.1 hours a month to cover that rent.

About rent and a physical therapist salary

Physical therapist pay covers comfortable rent across most US metros. At the national-average PT salary, the 30% rule supports about $2,493 a month in rent, which is above the median in most cities tracked here.

Cheaper rent nearby

These New Mexico cities have lower median rent than Farmington, which improves the affordability math on a physical therapist salary:

Roswell, NM
$1,326/mo (17.7% of income)
Las Cruces, NM
$1,290/mo (17.3% of income)
Las Cruces, NM
$1,286/mo (17.2% of income)

Compare with full rent data for Farmington

View full rent data for Farmington, NM

Frequently asked questions

Can a physical therapist afford rent in Farmington, NM?

Median rent in Farmington is $1,341 a month. A typical physical therapist in New Mexico earns about $89,739 a year, which makes that rent 17.9% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a physical therapist afford in Farmington?

Using the 30% rule, a physical therapist salary in New Mexico (~$89,739/yr) supports up to $2,243 a month in rent. Farmington's current median rent is $1,341/mo, which leaves a $902/mo buffer.

How many hours does a physical therapist work to cover rent in Farmington?

At an hourly equivalent of about $43 an hour, a physical therapist in New Mexico works roughly 31.1 hours a month to cover Farmington's median rent of $1,341.

Where is rent cheaper than Farmington for a physical therapist?

Nearby New Mexico cities with lower median rent include Roswell ($1,326/mo), Las Cruces ($1,290/mo), Las Cruces ($1,286/mo). Each shifts the affordability math materially on a physical therapist salary.

Methodology: Salary uses the BLS-derived New Mexico state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Farmington, NM. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.